All categories

2 years ago

Which best describes the benefits of renting a home?

1 answer:

7 0

The benefits of renting include:<span>Financial flexibility. Think of a ocean liner and a speedboat. ...Financial stability. ...Career flexibility. ...Low maintenance costs. ...No market risk. ...You don't pay taxes or insurance directly. ...No cash outlay required. ...<span>Some bills are included in the rental price</span></span>

You might be interested in

Terra Company has two divisions, the Retail Division and the Wholesale Division. The following information was gathered for the

sveta [45]

Answer:

a. Wholesale division.

Explanation:

The formula to compute for return on investment is shown below:

Return on investment = Operating Income ÷ Operating Assets

For Retail Division, it would be

= $2,500,000 ÷ $16,000,0000

= 15.625%

For Wholesale Division, it would be

= $6,000,000 ÷ $36,000,0000

= 16.67%

Based on the calculation, the wholesale division perform better

3 0

2 years ago

Hickam Company makes one product, for which it has developed the following standard for labor: each unit should require 1.50 hou

Brut [27]

Answer:

$1.8 Unfavourable

Explanation:

Labor usage variance can be calculated by deducting Standard hours from Actual hours and multiplying the result by the standard rate.

DATA

Standard hours = 1.50 hours

Standard rate = $12/hour

Actual hours = 1.65 hours

Actual rate = $11.5/hour

Calculation

LABOUR USAGE VARIANCE = (SH-AH)SR

LABOUR USAGE VARIANCE =(1.5 - 1.65) x $12

LABOUR USAGE VARIANCE = (-0.15) x $12

LABOUR USAGE VARIANCE = $1.8 Unfavourable

7 0

2 years ago

Whenever Josh goes to his favorite restaurant, he wants to buy tiramisu, his favorite dessert. Despite the fact he would enjoy t

slamgirl [31]

Answer:

C. framing effects

Explanation:

Based on the information provided within the question it can be said that the behavioral economists would say that Josh's decision is affected by framing effects. This term refers to a cognitive bias where people tend to base their choices of different options based on the positive or negative connotations presented. Which is what Josh is doing by basing his decision on who else is having desert.

4 0

2 years ago

Lundy Company purchased a depreciable asset for $99,000 on January 1. The estimated salvage value is $18,000, and the estimated

Mariulka [41]

Answer:

$16, 988.4

Explanation:

The asset has a useful life of 9 years. the straight-line rate of depreciation is 1/9 X 100 = 11 per cent

the cost of the asset is $99,000

First-year depreciation under double-declining will be

Straight-line method rate x 2= 22 %

= 22/100 x 99,000

=0.22 x 99,000

=21,780

the book value after the first year will be 99,000 -21, 780

= 77,220

Depreciation expense for the second year = 22 % of 77,220

=22/100 x 77,220

=$16, 988.4

7 0

2 years ago

Why do single stocks carry a high degree of risk? why do mutual funds carry less risk?

rosijanka [135]

Mutual funds carry less risk compared to single stocks because mutual funds are more convenient and diversified. Mutual funds are being professionally managed by money managers. They are responsible in allocating the money to stocks, bonds or other money market securities.

7 0

2 years ago